Automated execution system having participation
US7653584B2 · kind B2 · utility
22Cited by
68References
20Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jun 29, 2001 |
| Grant date | Jan 26, 2010 |
| Priority date | — |
| Expiry date | Jun 25, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system is provided for allowing a participant that generates order flow to participate in automated execution trades that are generated by the participant's order flow, without affecting the price of execution to the retail customer. The method and system automatically assigns a stated percentage of the contra-side of each customer trade to the participant that sent in the order flow.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.